Government/Economics/U.S. Symbols

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a system of governance where the government's power is restricted by law, usually in the form of a constitution.

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Limited Government

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a political ideal that everyone, including government officials, is subject to the same laws. It's based on the idea that no one is above the law, and that laws are enforced fairly and impartially

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Rule of Law

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a decision-making system where the option with the most support, usually over 50%, wins. It's a common method used in governments and democracies to choose between multiple options.

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Majority Rule

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the rights and protections given to individuals and groups that are not part of the majority population. These rights are important in a democracy to ensure that the interests of minorities are respected and preserved.

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Minority Rights

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the idea that the government's responsibilities should be divided into distinct branches to prevent any one branch from becoming too powerful. The purpose of separation of powers is to provide checks and balances, making it more difficult for the government to take concerted action.

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Separation of Powers

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a system in the United States government that gives each branch of government the power to check the other two branches. The purpose of checks and balances is to prevent any one branch from becoming too powerful

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Checks and Balances

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the idea that the government is based on the consent of the people and is subject to their will. It's a fundamental principle of democracy.

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Popular Sovereignty

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money that is set aside for future use, rather than spent immediately.

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Savings

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ways that the government can collect money from its citizens to pay for things that the people need

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Taxes

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the money a business uses to run, build, or grow. It can also refer to a business's net worth

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Capital